Art Laffer is a fucking idiot.
Somebody needs to chronicle all the spectacular bull calls from 2005, onward.
That would yield some good insight into who has an inkling, and who's a braindead cheerleader.
*****Peter Schiff vs the other FOOLS*****
- Thread starter S2007S
- Start date
Art Laffer is a fucking idiot.
Somebody needs to chronicle all the spectacular bull calls from 2005, onward.
That would yield some good insight into who has an inkling, and who's a braindead cheerleader.
i don't care how bad his funds are down,the guy was spot on. remember,he did'nt just say the market would be down,he explained why they woild be down and guess what,they are down for all the reasons he stated.
another horses ass is that guy Greg Norman or whatever his name is and how bout that idiot with the long curly hair oumpin real estate. everyone was so friggin wrong and that tells me you cannot invest with a broker or listen to wall street,no one had a clue. i can care less about a degree at yale or nyu, they are book smart and world foolish.
another horses ass is that guy Greg Norman or whatever his name is and how bout that idiot with the long curly hair oumpin real estate. everyone was so friggin wrong and that tells me you cannot invest with a broker or listen to wall street,no one had a clue. i can care less about a degree at yale or nyu, they are book smart and world foolish.
Exactly the point!
How did your gold fish do in the recent bearmarket? Investors gave money to Peter so he would crashproof their portfolio and he failed at that. End of story!!!!
You questioning the idea of investing with a money manager (non-sequitur) doesn't change Peter's sucking in a bearmarket.
Anyway, I am done here with apologists...
Ignore because you know you are 100% WRONG...
That's what losers and whiners do - they run away from discussions because they simply can't debate. Pathetic.
Bottom line is that this has nothing to do with TRUST!!!!
You clearly have zero understanding of the brokerage/money management business.
Ask any of Peter's clients who invested with him in 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007 how they feel about their money manager...
And then you get some HOT MONEY...some guy who sees how right Peter has been, and he invests AT THE TOP, when gold is at 1000, Oil at 140, Euro at 160.....THE INVESTOR IS THE FUCKING LOSER - NOT THE MONEY MANAGER...
The Money Manager is simply doing what he does, because he has no idea where the top/bottom is. He buys his stocks that pay the dividend.
He's not a hedge fund manager trying to make 3% a month. That's what you don't get.
Some MORON who puts 90% of his net worth into a fund like Peter's is a FUCKING IDIOT!!!!!
ANd you are a FUCKING IDIOT if you defend him.
Ignore away - you go take your toys and run home crying with your wet underwear....
That's what losers and whiners do - they run away from discussions because they simply can't debate. Pathetic.
Bottom line is that this has nothing to do with TRUST!!!!
You clearly have zero understanding of the brokerage/money management business.
Ask any of Peter's clients who invested with him in 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007 how they feel about their money manager...
And then you get some HOT MONEY...some guy who sees how right Peter has been, and he invests AT THE TOP, when gold is at 1000, Oil at 140, Euro at 160.....THE INVESTOR IS THE FUCKING LOSER - NOT THE MONEY MANAGER...
The Money Manager is simply doing what he does, because he has no idea where the top/bottom is. He buys his stocks that pay the dividend.
He's not a hedge fund manager trying to make 3% a month. That's what you don't get.
Some MORON who puts 90% of his net worth into a fund like Peter's is a FUCKING IDIOT!!!!!
ANd you are a FUCKING IDIOT if you defend him.
Ignore away - you go take your toys and run home crying with your wet underwear....
Quote from Pekelo:
You are a self-contradicting moron, who is going on my Ignore, so this is the last one for you:
To be loyal is one thing, to be a sorry apologist is another. You are the latter.
Yes, investors trust managers, that's why they give them their money to handle. If you hadn't trusted Peter, you wouldn't have invested with him in the first place, right?
Investors are not supposed to time the market, that is what the money managers are for. The bottomline is with Peter, that his fund is down just as much as everyone else's, so he failed his investors, because his fund was supposed to be crashproof.
If you are happy with a -40% performance that just shows your stupidity. Adios!
P.S.: My little fake fund traded live here on ET is UP 8%. That's how you crashproof your portfolio...
Pekolo you are reading too much into this I think.
When I put money with europac in March 2007 they never told me they were going to crashproof my portfolio. They said our goal is to divest you from us dollars and buy dividend paying stocks overseas. And they did. And it worked. But I made a lot more in that time frame than I would have if I was in any other mutual fund I think.
My account is still slightly positive.
When I put money with europac in March 2007 they never told me they were going to crashproof my portfolio. They said our goal is to divest you from us dollars and buy dividend paying stocks overseas. And they did. And it worked. But I made a lot more in that time frame than I would have if I was in any other mutual fund I think.
My account is still slightly positive.